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Celebrate National Chili Dog Day! š Discover top AI tools, OpenAI's financial insights, and growth hacks for startups.

Good morning!
On this holiest of holy days ā National Chili Dog Day š ā we give thanks to all Americans who contributed to this mouth-watering statistic.
US retailers sold over 2 billion chili dogs last year! š¶ļø
For context, thatās enough to stretch from New York to Los Angeles and backā¦ twice! š½ā”ļøš“ā”ļøš½
Anyone elseās taste buds tingling? š!
Top News of the WEEKšOpen AIās Balance Sheet
š§AI Tool Cornerā¤ļøHot tools this week
š¼Marketing Corner š©āš¼Unlock Viral Hooks with AI
š§ Top 5 News Corner š„ Discoveries from the AI world
š Almost FREE CorneršCreate Viral Hooks FREE Downloads
Investor-ready Startup Financials
Keeping up with your startupās numbers can be a mess, especially as investors start requesting them.
We are running a 1-week LIVE workshop that covers:
How to forecast startup growth based on real-world data
Budgeting rounds of funding, and how long the capital should last
Defining + tracking your Core KPIs
Preparing an investor-proof startup proforma
Our alumni have gone out to raise over $300M in venture capital.
š¹ Mock Margarita: The Rock(ing) AI Corner
OpenAI's Cash Burn Could Reach $5 Billion in 2024: A Looming Financial Crisis?š
For months, Iāve been waiting for some clarity on what OpenAIās balance sheet looks like. We roughly know how much revenue itās making, but weāve never really had an idea how expensive that revenue is.
Yesterday, we got the closest bit of information on that thus far, courtesy of The Information. We break it all down for you below.
World-Changing AI Search Features š”
OpenAI is facing a potential cash crunch, with an estimated loss of up to $5 billion in 2024, according to an analysis by The Information. The companyās substantial expenses, including $7 billion on AI training and $1.5 billion on staffing, far exceed those of competitors like Anthropic, which expects a 2024 burn rate of $2.7 billion.
Some context: Anthropic, a major OpenAI rival, is expected to burn around $2.5 billion this year, all on only $800 million in annualized revenue. And after Tesla reported a lackluster second quarter, CEO Elon Musk asked his Twitter audience if Tesla should invest $5 billion in xAI, Muskās AI startup, suggesting that it, too, is strapped for cash.
Meanwhile, Meta recently released a free, somewhat open-source model that is roughly on par with the models coming from these closed labs.
OpenAI ā and Anthropic ā have remained mum on the costs involved in operating their businesses.
For more details, read the full report on OpenAI's financial challenges and explore the launch of GPT-4o Mini.
š§ Nachos Appetizer: The AI App(s) Corner
Imagine your workday with three brilliant AI companions making everything smoother and more exciting.
Say hello to Unscript, your go-to for seamless video production; Lingua Chat, your personal language tutor available 24/7; and COURSE.IM, is the ultimate tool for crafting engaging online courses.
Unscript: AI-Powered Video Creation Made Simple
Say goodbye to complex video production! Unscript lets you create high-quality videos with ease using AI avatars, video dubbing, and face swaps. Perfect for marketing, training, and engaging content. Discover Unscript.

Lingua Chat: Your 24/7 AI Language Tutor
Learn languages anytime, anywhere with AI-powered tutors. Chat via voice or text and enjoy personalized lessons at a fraction of the cost of traditional tutors. Explore Lingua Chat
COURSE.IM: AI Course Maker
Create engaging online courses effortlessly with COURSE.IM. This AI-driven tool designs interactive lessons tailored to your audienceās needs, making education accessible and impactful. Try COURSE.IM
Get YOUR project featured!
Intercom for Startups
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š Spicy Salsa Dip: Marketing Corner
How AI-Powered Hooks Can Skyrocket Your Startup Overnight!š

The Secret Sauce: AI + Human Creativity
Combining AI-generated hooks with human creativity can yield the best results. Here are some strategies:
Fear-based hooks: Use AI to generate hooks addressing common fears. Example: "Worried your startup will become another statistic? Hereās how to defy the odds."
Contrarian ideas: Challenge conventional wisdom with AI-generated hooks. Example: "Why working 80-hour weeks is killing your startup (and what to do instead)."
Specific numbers: Incorporate data into hooks for credibility. Example: "How we cut our burn rate by 73% in 30 days without layoffs."
Generate multiple hooks with AI and refine them with a personal touch to match your brandās tone.

Snippet of Mr. Beast Viral Hook Case Study
Mr. Beast's viral success comes from his ability to create engaging hooks like, "Behind me is an assassin, and if he stabs me with this rubber knife by the end of the day, he wins a hundred grand." These captivating intros draw in viewers instantly, a strategy you can emulate using AI tools.
Read the full blog post to dive deeper into how AI can transform your growth strategy.
Intercom for Startups
Join Intercomās Early Stage Program to receive a 90% discount.
Get a direct line to your customers. Try the only complete AI-first customer service solution.
š® Tacos Dish: Top 5 AI News Corner
1. Google Is the Only Search Engine That Works on Reddit Now Thanks to AI Deal
Google is now the only search engine that can surface recent results from Reddit, making user-generated content exclusive to Google's search engine. This shift highlights Google's increasing dominance in search and impacts other search engines like Bing and DuckDuckGo, which can no longer crawl Reddit for up-to-date results.
For more details and insights, read the full article here.
2. š¢ OpenAI enters Google-dominated search market with SearchGPT
OpenAI has announced the selective launch of SearchGPT, an AI-powered search engine that offers real-time internet information, challenging Google's long-standing dominance and competing with Microsoft's Bing and AI chatbot services like Perplexity. Currently in prototype, SearchGPT aims to provide summarized search results with source links and contextual responses, and plans to integrate these features into ChatGPT.
Say when you will about @OpenAI 's valuation, but I'm pretty sure $GOOGL lost $42B in market cap in the 25 minutes after #searchgpt was announced.
ā mattwallace (@mattwallace)
8:22 PM ā¢ Jul 25, 2024
The emergence of AI-powered search engines like SearchGPT emphasizes the evolving landscape of search technology, pushing industry giants like Google to innovate and improve their offerings. here.
3. šGoogle DeepMind takes step closer to cracking top-level math
š» Despite their speed, computers haven't cracked top-level mathāuntil now. Researchers at Google DeepMind have developed AI systems, AlphaProof and AlphaGeometry 2, that are edging closer to outperforming human mathematicians.
These systems tackled challenging questions from the prestigious International Mathematical Olympiad, a competition known for its mind-bending problems in algebra, geometry, and number theory.
For more details and insights, read the full article.
4. Meta's Llama 3.1: The AI Game-Changer You Can't Ignore!
š Meta just rolled out two versions of its new model:
Llama 3.1 now offers greater content length and support in eight languages.
Llama 3.1 405B is the first downloadable open source model that competes with GPT-4.
Yep, you can literally download the second one and use it from your own hardwareā¦ provided itās robust, of course.
According to Meta, Llama 3.1 ārivals the top AI modelsā when it comes to āgeneral knowledge, steerability, math, tool use, and multilingual translation.ā
#Meta just released #Llama 3.1, their most powerful open-source #AI model yet. Llama 3.1 comes in three sizes: 8B, 70B and 405B parameters. Works across 8 languages with a massive 128K context window for deeper understanding. This model handles code, math questions, and even moreā¦ x.com/i/web/status/1ā¦
ā Evan Kirstel #B2B #TechFluencer (@EvanKirstel)
4:39 PM ā¢ Jul 25, 2024
For more details and insights, read the full article.
5. š¤ÆStable Video 4D, for Dynamic Multi-Angle Video Generation
Stability AIās newest model, and it generates multiple angles for videos.
In other words, you give it a video showing a single object, select your desired camera angles, and Stable Video 4D does the rest.
Sounds handy if you or your team produce a lot of product videos
Cāmon try it out. It is currently available on Hugging Face.
š„ Guacamole Dish: The FREE corner

If youāre a founder and one-man army, you know that grabbing ā and retaining ā attention for your articles, Insta posts and videos is key to producing content that wins and clients that come to you! But with so many other founders and startups, and their marketing teams vying for viewersā attention on the platform, it can be hard to stand out and create truly compelling content that keeps viewers watching.
At least for long enough to drive the response youāre looking for.
Thatās where hooks come in. Weāre sharing 100 hooks for viral content youāve probably not thought of yet. Watch your thumb-stop and clickthrough rates soar.
Thank us later.
Go Viral !

Thatās a wrap - See you next week
Thatās a wrap
š Thank You!
Thatās it for this time! See you next week š Neel(@alternativeai9)
P.s. A huge thank you to everyone who responded to last weekās poll, your feedback helps a lot!
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